# PE4 5BZ Area Summary
This postcode in Peterborough represents an exceptionally affordable segment of the local property market, with an average property price of £85,812 across 62 properties. This price point is significantly below both regional and national averages, suggesting this area likely comprises predominantly leasehold flats or smaller properties, potentially including ex-local authority housing stock that characterises several Peterborough neighbourhoods.
The PE4 district covers parts of western Peterborough, and the remarkably low average price indicates this is very much an entry-level market area. This makes it particularly attractive to first-time buyers, buy-to-let investors seeking affordable rental stock, or those requiring budget-conscious housing solutions. The concentration of 62 properties at this price level suggests a relatively homogeneous housing stock, which could indicate a specific development or estate within the broader PE4 postcode area.
For buyers, this area offers genuine affordability in a city with good transport links to London and the East of England. However, prospective purchasers should conduct thorough due diligence regarding property types, lease terms (particularly remaining lease length and service charges for flats), and local amenities to ensure the area meets their long-term needs.
The average house price in PE4 5BZ, Peterborough is £85,812. Prices range from £32,500 to £195,000.
There are 62 properties in PE4 5BZ, Peterborough.
PE4 5BZ contains 42 terraced properties, 18 semi-detached properties, 2 detached properties.
Average house prices in PE4 5BZ have risen by 356.6% from £38,875 in 1995 to £177,500 in 2024.
PE4 5BZ is located in Peterborough, City Of Peterborough, England.